On the morning of January 20, the hoisting operation for the 9 top-side modules of the main hull of SEVAN BRASIL, the second deepwater semi submersible drilling rig, was smoothly accomplished. Thus the main hull of this unit has now essentially been built up into a single unit. The hoisting operatio
TGS will host its 2011 Capital Markets Day (CMD) on 8 June at Oslo Konserthus/Oslo Concert Hall (Lille Sal) in Oslo, Norway. The CMD will be arranged in cooperation with The Norwegian Society of Financial Analysts (NFF). The prepared program will begin at 08:30 on 8 June and one-on-one meetings will
Lundin Petroleum AB (Lundin Petroleum) announced that its shares have been conditionally approved for listing on the Toronto Stock Exchange (“TSX”). Lundin Petroleum’s shares will trade on the TSX under the symbol “LUP”. The Company’s shares will also continue to trade on the NASDAQ OMX, Stockholm u
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b
Bergen Group Dreggen AS, a subsidiary of Bergen Group ASA, has been awarded a new contract for the delivery of four EOT (Electrical Overhead Travelling) cranes to the Gudrun platform deck project. Total order value is NOK 10-15 million, and the delivery is expected to be completed within end of Q1 2
Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for February 2011. Songa Venus achieved operating efficiency of 97% during the month. The rig continues to operate for Total E&P in Australia. Songa Mercur(photo) is currently in transit to Singapore after obtaining Chines
Apache Corporation reported that interim repair work on the Forties Bravo to Charlie pipeline was completed on March 6, 2011, and production from Forties Bravo is ramping up to approximately 50 percent of the pre-outage rate of 11,600 barrels of oil per day. The replacement pipeline is scheduled for
Ensco plc announced today that it has priced an underwritten offering of $1 billion principal amount of 3.25% senior unsecured notes due 2016 and $1.5 billion principal amount of 4.70% senior unsecured notes due 2021. The offering of notes was made pursuant to an effective shelf registration stateme
Husky Energy has been named one of the World’s Most Admired Companies in the mining and crude oil production industry segment in an annual ranking published by Fortune Magazine. Husky was ranked No. 8 overall in its industry, receiving high marks in such categories as Social Responsibility, Quality
Results from two wells drilled by Statoil in association with the Dagny and Ermintrude discoveries in the North Sea will be important in choosing a development concept and further planning. An exploration well on the Dougal prospect found only traces of hydrocarbons in the Hugin formation, and has b
Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, announces its results for the year ended 31 December 2010. Results summary In 2010, Tullow demonstrated continued exploration and appraisal success and delivered first production from the Jubilee development in re
PTTEP Australasia has engaged AGR Field Operations’ Subsea Division for expert engineering, project management and support services for the subsea well abandonment of the subsea facilities for Challis and Jabiru fields in the Timor Sea, Australia. AGR personnel will work on the project in the Perth
GE announces that another significant milestone has been reached in its strategic acquisition of Wellstream Holdings PLC. This morning, Wellstream announced that the listing of its ordinary shares (“Wellstream’s Shares”) on the Official List had been cancelled and Wellstream’s shares ceased to be ad
Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, has signed an agreement with Statoil Petroleum AS (‘Statoil’), a leading world-wide energy company, to supply its proprietary POS-GRIP High Pressure/ H
